Located in Pierce County, Washington is the quaint town of Loomis. Known for its picturesque views and rural feel, Loomis is a great place to live if you are looking for a slower pace of life. Local companies include Loomis Valley Veterinary Clinic, The Flower Room floristry shop, and Zucca’s Italian Restaurant. Renting a two bedroom apartment in Loomis costs $980 each month while the same rent across the United States is significantly higher at $1,430. Groceries are also less expensive in Loomis with an index of 98 compared to 100 nationally. All in all, living in the small town of Loomis has many monetary benefits due to its lower cost of living rate.
Loomis has an unemployment rate of 7.9%. The US average is 6.0%.
Loomis has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 15.7%, which is lower than the US average of 33.5%.
Tax Rates for Loomis
- The Sales Tax Rate for Loomis is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Loomis is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Loomis
- The average income of a Loomis resident is $16,905 a year. The US average is $28,555 a year.
- The Median household income of a Loomis resident is $70,972 a year. The US average is $69,021 a year.